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Sunday , 20 April 2014

Category Archives: Greater Toronto Scene

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Special coverage of the GTA Condominium and lifestyle scene.

Consumers, businesses see improved economy ahead

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Canadian businesses and consumers are feeling confident these days. Among the former, many believe that the global economy is improving, while a significant portion of the latter have confidence in the economy at home, enough to commit to making a major purchase. For both groups, the outlook is rosier than it was six months ago. Consumer confidence, as measured by Harris/Decima for the first three months of 2014, was 81.2. At the same time last year, it was 77.6, though it did reach a three-year high of 84.4 in the last quarter of 2013. The survey showed that almost twice as many Canadians (26 per cent) believe they will be ... Read More »

Toronto rated #1 world city for real estate investors

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Toronto has been rated the best city in the world for long-term investment in real estate based on its resilience and ability to adapt to threat.  Vancouver and Calgary are right behind in second and third place. These cities and their real estate are particularly attractive to investors with long investment horizons, like pension funds. Top-rated cities like Toronto are safe havens for investors, in a world where instability and uncertainty often wreak havoc. This is the finding of UK-based development and management company Grosvenor, which just released a three-year-in-the-making report called Resilient Cities. Resilient cities, the report explains, are those that thrive “despite the challenges posed by climate change, ... Read More »

Real estate event spotlights technology; report says Canadian companies mobile leaders

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A report just released by Accenture says that more Canadian companies have adopted mobile technology than companies in some other countries (85 per cent here, 69 per cent elsewhere), but CEOs need to “buy in” more enthusiastically before real benefits will be seen . The study, which looked at how companies apply digital technologies, especially mobility, surveyed mainly big companies in fourteen countries around the world. More than half of respondents (56 per cent) said that mobility was a top priority for their business, as an enabler of other technologies. Other high priorities include using social media, access to big data analytics, use of cloud-based services, and connected products. A ... Read More »

Raymond Moriyama hopes new prize will raise stature of architecture in Canada

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In announcing the brand new prize for architecture that bears his name, the very distinguished architect Raymond Moriyama said, “My hope is that this prize will raise not only the stature of the RAIC internationally, but also the stature of Canada, and inspire Canadians and Canadian architects to aspire higher.” The prize, one of the most lucrative in the world, with a cash value of $100,000, will be given by the Royal Architectural Institute of Canada (RAIC) and called the Moriyama RAIC International Prize. Moriyama established the prize with a bequest to the RAIC Foundation. The Foundation has already begun fundraising efforts to establish a $5 million endowment for future awards, ... Read More »

This is your chance to name a major new waterfront street

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How cool would it be to name the street you lived on? Not many get to do that these days, but there is a chance right now to name a major new street in one of Toronto’s most exciting new neighbourhoods on the waterfront. We are referring to Bayside, now under development by Waterfront Toronto. The street that needs a name is the main waterfront drive in the new neighbourhood. It forms a wide U, connecting with Queen’s Quay at its eastern and western ends, and running along the waterfront in between.  The Bayside neighbourhood: an intelligent, master-planned community Bayside Toronto is a 10-acre site, south of Queen’s Quay between ... Read More »

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